12 replies to this topic

[A-ha]

hopers and wishers are still waiting for a rate cut and that is the only dream dip buyers have left ...
this recursive dream of "buy low sell lower" crowd is causing extreme oversold rallies in home builders, especially when the selling exhausted.


maybe home builders dried i dont know but i think there are too many sectors to be butchered. here is one of them that may excite you this weekend

hell even greenie covered something

I covered only half of something ...and you know why, they lifted homebuilders like CTX so high that I had to take a bite. It is a rare opportunity before they are gone.

[greenie]

hopers and wishers are still waiting for a rate cut and that is the only dream dip buyers have left ...
this recursive dream of "buy low sell lower" crowd is causing extreme oversold rallies in home builders, especially when the selling exhausted.

There is a new crowd in town - they are called 'stat arb hedge fund', and they are buying the homebuilders. Have you heard the story?

Is that line on REIT broken? It is monthly chart, right??

Thx, G.

[A-ha]

There is a new crowd in town - they are called 'stat arb hedge fund', and they are buying the homebuilders. Have you heard the story?

Is that line on REIT broken? It is monthly chart, right??

Thx, G.

That line is not broken yet but it will. Guaranteed. That is why it should excite you... its like a virgin beauty in a bikini


Regarding the home builders, they are buying them for two reasons:

1- rate cut speculations
2- the following chart

I bought some builders when hgx was at the channel bottom and I am already out of all of them... you know i am good at catching swords , even in a bear market...

Edited by A-ha, 11 August 2007 - 02:02 PM.